Hubbell Inc

Hubbell Inc Stock Forecast & Price Prediction

Live Hubbell Inc Stock (HUBB) Price
$472.12

7

Ratings

  • Buy 2
  • Hold 5
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$472.12

P/E Ratio

31.64

Volume Traded Today

$783,548

Dividend

$1.22

52 Week High/low

481.35/281.45

Hubbell Inc Market Cap

$25.34B

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HUBB Summary

The Hubbell Inc (HUBB) share price is expected to decrease by 3.45% over the next year. This is based on calculating the average 12-month share price estimate provided by 7 stock analysts who have covered HUBB. Price targets range from $402 at the low end to $500 at the high end. The current analyst consensus for HUBB is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

HUBB Analyst Ratings

About 7 Wall Street analysts have assigned HUBB 2 buy ratings, 5 hold ratings, and 0 sell ratings. This means that analysts expect Hubbell Inc to outperform the market. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on HUBB. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.

HUBB stock forecast by analyst

These are the latest 20 analyst ratings of HUBB.

Analyst/Firm

Rating

Price Target

Change

Date

Chad Dillard
Bernstein

Outperform

$535

Initiates

Nov 5, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$455

Maintains

Oct 30, 2024
Chris Snyder
Morgan Stanley

Equal-Weight

$445

Maintains

Oct 30, 2024
Julian Mitchell
Barclays

Equal-Weight

$402

Maintains

Oct 30, 2024
Brett Linzey
Mizuho

Outperform

$490

Maintains

Oct 17, 2024
Stephen Tusa
JP Morgan

Neutral

$454

Downgrade

Oct 10, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$445

Maintains

Oct 7, 2024
Julian Mitchell
Barclays

Equal-Weight

$400

Maintains

Oct 2, 2024
Chris Snyder
Morgan Stanley

Equal-Weight

$407

Initiates

Sep 6, 2024
Nicole Deblase
Deutsche Bank

Buy

$441

Upgrade

Sep 6, 2024
Tommy Moll
Stephens & Co.

Overweight

$450

Reiterates

Aug 2, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$400

Maintains

Jul 31, 2024
Stephen Tusa
JP Morgan

Overweight

$385

Maintains

Jul 31, 2024
Julian Mitchell
Barclays

Equal-Weight

$368

Maintains

Jul 31, 2024
Julian Mitchell
Barclays

Equal-Weight

$384

Maintains

May 2, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$397

Maintains

May 1, 2024
Julian Mitchell
Barclays

Equal-Weight

$400

Maintains

Apr 2, 2024
Brett Linzey
Mizuho

Buy

$450

Maintains

Mar 20, 2024
Nicole Deblase
Deutsche Bank

Hold

$427

Initiates

Mar 11, 2024
Joseph O'Dea
Wells Fargo

Equal-Weight

$360

Maintains

Jan 31, 2024

HUBB Company Information

What They Do: Designs and manufactures electrical utility solutions.

Business Model: The company generates revenue by offering a wide range of electrical and utility solutions through two main segments: Electrical Solutions and Utility Solutions. These segments provide various products, including wiring devices, lighting fixtures, industrial controls, and utility infrastructure products, which are sold to a diverse customer base, including electrical contractors, utilities, and telecommunications companies, through multiple distribution channels.

Other Information: Founded in 1888 and headquartered in Shelton, Connecticut, the company boasts a strong brand portfolio that includes well-known names like Hubbell, Kellems, and Burndy. It operates both domestically and internationally, serving various industries such as oil and gas and mining, indicating a broad market presence and potential for growth.
HUBB
Hubbell Inc (HUBB)

When did it IPO

2015

Staff Count

18,300

Country

United States

Sector/Industry

Industrials/Electrical Equipment & Parts

CEO

Mr. Gerben W. Bakker

Market Cap

$25.34B

Hubbell Inc (HUBB) Financial Data

In 2023, HUBB generated $5.37B in revenue, which was a increase of 8.59% from the previous year. This can be seen as a signal that HUBB's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.

Revenue From 2020

$3.68B

Revenue From 2021

$4.19B

13.89 %
From Previous Year

Revenue From 2022

$4.95B

17.97 %
From Previous Year

Revenue From 2023

$5.37B

8.59 %
From Previous Year
  • Revenue TTM $5.64B
  • Operating Margin TTM 21.1%
  • Gross profit TTM $1.89B
  • Return on assets TTM 10.5%
  • Return on equity TTM 25.3%
  • Profit Margin 13.3%
  • Book Value Per Share 59.90%
  • Market capitalisation $25.34B
  • Revenue for 2021 $4.19B
  • Revenue for 2022 $4.95B
  • Revenue for 2023 $5.37B
  • EPS this year (TTM) $14.92

Hubbell Inc (HUBB) Latest News

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Hubbell (HUBB) reported Q3 earnings of $4.49 per share, surpassing the Zacks Consensus Estimate of $4.47 and up from $3.95 per share last year.

Why It Matters - Hubbell's earnings beat expectations and show year-over-year growth, indicating strong performance and potential for continued investor confidence and stock appreciation.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - Seeking Alpha

Summary - Hubbell Incorporated (NYSE:HUBB) will hold its Q3 2024 Earnings Conference Call on October 29, 2024, at 10:00 AM ET, featuring key executives and analysts from major financial firms.

Why It Matters - The Q3 2024 earnings call indicates upcoming financial results for Hubbell Incorporated, which could influence stock performance and investor sentiment based on revenue and guidance updates.

News Image

Tue, 29 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Hubbell reported Q3 2024 diluted EPS of $4.05, adjusted EPS of $4.49 (up 14% y/y), and net sales up 5%. They raised 2024 adjusted EPS outlook to $16.35-$16.55.

Why It Matters - Hubbell's strong Q3 results and raised EPS outlook indicate robust financial health and growth potential, signaling a positive trajectory that may attract investor interest.

News Image

Tue, 29 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Hubbell (HUBB) reported its quarterly performance for September 2024, suggesting a comparison of key metrics against Wall Street estimates and last year's figures may be beneficial for investors.

Why It Matters - Hubbell's quarterly performance relative to Wall Street estimates and previous year metrics indicates financial health and growth potential, influencing investor sentiment and stock valuation.

News Image

Fri, 25 Oct 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Hubbell Incorporated (NYSE:HUBB) announced an 8% dividend increase, raising the annual payment to $5.28 per share. The new rate will be effective for payments on December 16, 2024.

Why It Matters - An 8% dividend increase signals strong financial health and commitment to returning value to shareholders, potentially boosting investor confidence and stock demand.

News Image

Thu, 24 Oct 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Hubbell (HUBB) is set to report its quarterly performance for September 2024, with analysts focusing on key financial metrics beyond just top and bottom-line estimates.

Why It Matters - Hubbell's performance relative to analyst estimates on key metrics can indicate financial health and growth potential, influencing stock price and investor confidence.

...

HUBB Frequently asked questions

The highest forecasted price for HUBB is $500 from at .

The lowest forecasted price for HUBB is $402 from Julian Mitchell from Barclays

The HUBB analyst ratings consensus are 2 buy ratings, 5 hold ratings, and 0 sell ratings.